Fairbury Chamber Of Commerce
- Assets
- $97.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbury, IL
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 37-0894791
Organization Overview
Fairbury Chamber Of Commerce is located in Fairbury, IL. The organization was established in 1984. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairbury Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Fairbury Chamber Of Commerce generated $41.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $31.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE BUSINESS RELATIONSHIPS AMONG MEMBERS AND THE COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebekah Fehr Secretary | 20 | $0 | |
Tanner Ifft Director | 2 | $0 | |
Kirk Leman President | 2 | $0 | |
Katie Wyllie Treasurer | 4 | $0 | |
Ryan Fehr Director | 2 | $0 | |
Terri Rieger Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,883 |
| Total Program Service Revenue | $10,354 |
| Membership dues | $24,031 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,383 |
| Other Revenue | $0 |
| Total Revenue | $41,725 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,642 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,274 |
| Total expenses | $31,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,163 |
| Other assets | $0 |
| Total assets | $97,163 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,163 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
500 Festival Inc Indianapolis, IN | $6,763,861 | $5,772,745 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Sheboygan County Fair Association Plymouth, WI | $2,297,030 | $1,962,294 |
Kenosha County Fair Association Inc Wilmot, WI | $2,247,686 | $1,814,776 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |
Lake County Fair Association Grayslake, IL | $27,796,345 | $1,095,277 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |
Shawano Area Agricultural Society Inc Shawano, WI | $1,017,818 | $1,408,309 |
Southeast Missouri District Fair Association Inc Cape Girardeau, MO | $2,015,257 | $841,297 |